Personal Assets (LON:PNL) Reaches New 1-Year High – Time to Buy?

Personal Assets (LON:PNL)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 498 ($6.48) and last traded at GBX 494.37 ($6.44), with a volume of 43159 shares. The stock had previously closed at GBX 490 ($6.38).

Personal Assets Stock Performance

The firm’s 50 day simple moving average is GBX 491.57 and its 200-day simple moving average is GBX 488.29. The company has a market capitalization of £1.61 billion, a price-to-earnings ratio of 4,083.33 and a beta of 0.19.

Insiders Place Their Bets

In other news, insider Gordon Joseph Neilly bought 55 shares of the company’s stock in a transaction on Tuesday, October 8th. The shares were bought at an average cost of GBX 491 ($6.39) per share, with a total value of £270.05 ($351.54). In other news, insider Gordon Joseph Neilly bought 55 shares of the firm’s stock in a transaction that occurred on Tuesday, October 8th. The shares were acquired at an average cost of GBX 491 ($6.39) per share, with a total value of £270.05 ($351.54). Also, insider Mandy Clements purchased 76 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were purchased at an average price of GBX 487 ($6.34) per share, for a total transaction of £370.12 ($481.80). Corporate insiders own 23.42% of the company’s stock.

About Personal Assets

Personal Assets Trust plc is a closed ended multi asset mutual fund launched and managed by Troy Asset Management Limited. The fund invests in public equity and fixed income markets across the globe. It benchmarks its performance against the FTSE All-Share Index. Personal Assets Trust plc was launched in 1983, and is domiciled in United Kingdom.